Talbots president/CEO to retire
Arnold B. Zetcher, chairman and president/CEO of The Talbots Inc. for 20 years, announced yesterday that he will retire as president/ceo on Feb. 2, 2008.
Mr. Zetcher will continue to serve as board chairman through March 2008.
He joined the company in 1987 as president and helped guide Talbots from a small, privately held regional company with 109 stores to a $2.2 billion publicly traded multichannel apparel with 1,360 stores throughout the United States, Canada and Britain. Last February, Talbots, Hingham, MA, announced that it would acquire The J. Jill Group Inc. for $517 million.